SBI Okasan Asset Management Co.Ltd. Invests $1.34 Million in Philip Morris International Inc. $PM

SBI Okasan Asset Management Co.Ltd. purchased a new position in Philip Morris International Inc. (NYSE:PM) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 8,293 shares of the company’s stock, valued at approximately $1,343,000.

Several other large investors have also recently modified their holdings of the stock. Dogwood Wealth Management LLC boosted its position in shares of Philip Morris International by 96.5% during the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after buying an additional 82 shares during the last quarter. Richards Merrill & Peterson Inc. purchased a new position in Philip Morris International in the 4th quarter worth about $28,000. Entrust Financial LLC purchased a new position in Philip Morris International in the 4th quarter worth about $31,000. Measured Wealth Private Client Group LLC purchased a new position in Philip Morris International in the 3rd quarter worth about $32,000. Finally, McIlrath & Eck LLC purchased a new position in Philip Morris International in the 2nd quarter worth about $36,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Down 1.9%

NYSE PM opened at $178.64 on Friday. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $193.05. The firm has a market capitalization of $278.42 billion, a P/E ratio of 25.12, a PEG ratio of 2.09 and a beta of 0.37. The company has a 50-day moving average price of $169.46 and a 200-day moving average price of $168.16.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.83 by $0.13. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The firm had revenue of $10.15 billion during the quarter, compared to analyst estimates of $9.95 billion. During the same quarter in the prior year, the firm earned $1.69 EPS. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. Philip Morris International has set its FY 2026 guidance at 8.360-8.510 EPS and its Q2 2026 guidance at 2.020-2.070 EPS. As a group, equities research analysts anticipate that Philip Morris International Inc. will post 8.45 EPS for the current year.

Philip Morris International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Thursday, March 19th were given a dividend of $1.47 per share. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $5.88 annualized dividend and a dividend yield of 3.3%. Philip Morris International’s dividend payout ratio is presently 82.70%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on PM shares. Bank of America reissued a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Citigroup boosted their target price on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. UBS Group decreased their target price on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Finally, Stifel Nicolaus decreased their target price on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $192.56.

About Philip Morris International

Philip Morris International Inc (NYSE: PM) is a global tobacco company that manufactures and sells cigarettes, other nicotine-containing products and a growing portfolio of smoke-free alternatives for adult smokers. The firm traces its corporate roots to the 19th century Philip Morris enterprise and was established as an independent, publicly traded company following a 2008 separation from what is now Altria. Since the spin-off, the company has focused on serving international markets outside the United States.

PMI’s product mix includes traditional combustible cigarettes as well as smoke-free offerings such as heated tobacco systems and other reduced-risk products.